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Persistent Systems' O'Connor steps down as CEO, cites personal reasons

O'Connor worked as a senior executive at IBM's internet of things (IOT) division before joining Persistent Systems.

Persistent Systems
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Persistent Systems. Photo: Wikipedia

Sai Ishwar Mumbai
Christopher 'Chris' O'Connor on Monday announced his resgination as chief executive officer and executive director of Persistent Systems.

O'Connor, who joined the Pune-based firm in February last year, informed the departure was due to personal reasons and there was no material reason behind the resignation, according to Pune-based firm's exchange filing. The resignation has been accepted by the company.  

O'Connor was previously worked as a senior executive at IBM's internet of things (IOT) division before joining Persistent Systems.

Persistent Systems surprised the street with better-than-expected results in the April-June quarter on account of greater cloud migration from clients. Profit of